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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?


To: Dorine Essey who wrote (3153)7/10/1999 10:24:00 PM
From: Fred Fahmy  Respond to of 3645
 
Dorine,

" I do believe this one will go higher."

I sure hope so. The fundamentals certainly warrant a significantly higher price. I think Monday will be key as far as the short term picture is concerned. If we continue upward Monday we might gather some steam. If we move sideways or drop....well..it could be right back to the 8's in a few days.

IMO, this stock is so undervalued it's ridiculous. How in the world can NMGC be struggling to get to double digits when you have total loser companies such as AMD reporting record losses and trading in the high teens. Go figure.

FF